Asian Option for forex 2012

An option that pays off according to the average prices of the underlying asset over time.

Ask forex 2012

The price at which sellers are willing to sell a currency pair, also known as the ‘offer’, ‘ask price’, and ‘ask rate’.

Asset forex 2012

An item that has value.

Asset Class for forex 2012

An item that has value; an investment such as stocks, options, or forex.

AUD/USD for forex 2012

The abbreviation for the Australian dollar and U.S. dollar (AUD/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one Australian dollar (the base currency) Trading the AUD/USD currency pair is also known as trading the “Aussie”.

Aussie 2012

Dealer slang for the AUD/USD currency pair.

Authorized Dealer 2012

Depending on the regulatory body, a dealer authorized to deal in forex.